Spire Global, Inc. Provides Earnings Guidance for Second Quarter and Full Year of 2022
May 11, 2022 at 04:02 pm EDT
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Spire Global, Inc. provided earnings guidance for second quarter and full year of 2022. For the quarter, the company expects revenue to be in the range of $18.2 million to $19.2 million. Loss from operations (GAAP) to be $18,032,000 to $17,032,000. Net loss per share (GAAP) to be $0.16 to $0.15. Net loss (GAAP) to be $21,742,000 to $20,742,000.
For the full year, the company revenue to be in the range of $85 million to $90 million. Loss from operations (GAAP) to be $68,555,000 to $63,555,000. Net loss per share (GAAP) to be $0.55 to $0.51. Net loss (GAAP) to be $76,993,000 to $71,993,000.
Spire Global, Inc. is a provider of space-based data, analytics, and space services. The Company builds, owns, and operates a fully deployed satellite constellation that observes the earth in real time using radio frequency technology. It is engaged in designing, manufacturing, integrating, and operating its own satellites and ground stations, which enables end-to-end control and ownership over its entire system. It offers three data solutions to customers: Maritime, Aviation and Weather. Its proprietary constellation of Low Earth Multi-Use Receiver (LEMUR) satellites collects and transmits data to its proprietary global ground station network. It provides current and historical data, insights, and predictive analytics for ship monitoring, real-time and near real-time vessel updates. It provides global satellite-based aircraft tracking data to power applications. It offers space-based data, artificial intelligence (AI)-powered insights and predictive weather analytics.
SPIRE GLOBAL, INC. 
